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Union Minister for Finance Corporate Affairs Smt. Nirmala Sitharaman virtually chaired the second meeting of BRICS Finance Ministers and Central Bank Governors (FMCBG) along with Governor Reserve Bank of India, Shri Shaktikanta Das under Indian BRICS Chairship here today. This meeting is scheduled ahead of the BRICS Leaders Summit 2021 to discuss and finalise key outcomes of BRICS finance agenda this year. Finance Ministers and Central Bank Governors of Brazil, Russia, China and South Africa we
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FAQ :
The meeting was virtually chaired by India's Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman, under India's BRICS Chairship.
The Finance Ministers and Central Bank Governors from Brazil, Russia, China, and South Africa attended the meeting.
The meeting focused on discussing and finalising key outcomes of the BRICS finance agenda for the year, with an emphasis on supporting economic recovery, maintaining macroeconomic stability, and protecting against future uncertainties.
The BRICS Finance Ministers and Central Bank Governors endorsed a Statement on Global Economic Outlook and Responding to COVID-19 Crisis, and a Technical Report on Social Infrastructure: Financing and Use of Digital Technologies.
Discussions on central bank issues included Financial Inclusion, the Contingent Reserve Arrangement (CRA), and Information Security Cooperation.
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